Customer bills will increase effective with usage starting on Feb. 1, 2022 and as authorized by the Maryland Public Service Commission will be partially reduced by certain tax benefits. With the rate adjustment and offsets approved by the PSC, the average residential electric bill will increase by $3.28 per month and the average residential natural gas bill will increase by $2.40 per month. See bge.com/myp for details.
There are many opportunities to help you offset the out-of-pocket costs to install a solar generating system. One of the best ways to understand costs and incentives is to use a tool to help you calculate your solar potential. BGE's Solar Calculator helps you assess your rooftop solar potential by combining your historical usage data with solar data in your area to provide a personalized evaluation for your property, including any incentives and credits.
Federal and state incentives are offered to BGE customers who choose to go solar. To learn about any incentives you may qualify for, launch our Solar Calculator.
Taxpayers can claim a Federal Income Tax Credit (FITC) of 26% for qualified expenditures on a solar system that provides electricity to their residence (owned and lived in by the taxpayer). For more information, visit energy.gov.
For a personalized assessment of the credits and rebates you may qualify for, launch our Solar Calculator.
When you have a solar system and are being billed for net metering, you are charged only for the net amount of energy you use during each billing period. In other words, this is the amount of energy we deliver to you minus the excess amount you send back to the smart grid. If you send more energy to the grid than we deliver, you can receive credits on your bill. This program allows you to make full use of your own solar energy system, giving you more control over your energy costs.
Visit our FAQ page for more information about net metering.
